Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1887-01-20

Balance in the treasury Jan. j, 1880 S33 ol
Receipts, including balance in the
treasury Jan. l. 1887. ...... 513, no Al
| Which were applied as follows:
State revenue fund. .............. S341,7O0 81
State State sehooI fund Observation-Disclosures. 4ss 50
| State school moneys. ............... 1901 90
Executors and administrators fund 14o56 %
f mi'5ia dsn department fund iss 81 81
| State seminary fund. .............. IS 0S
Road and canal fund .............. 1880 81
| State seminary moneys. ............ 17,45 90
| Swamp land indemnity fund.-. 361 So
SINKING FUND.
From receipts into the State interest fund
the interest on the public debt has been
| transferred to the State sinking fund and
| used in the redemption and purchase OF State
bonds.
In 1885 and 1886 the sum Of 81. 1865, ssa.s1 was
transferred from the State interest, State
the e' credit OF the Sinking fund . with this
amount and the proceeds derived from the
sale of $4,000 sh per cent. funding
| and purchased State bonds aggregating
AS authorized by an act OF the General AS
| sembly, approved March 81, 1885, the Fund
| Commissioners sold $50 81 per cent. $50 fund
ing % bonds Of so each for tn te Is sum Of $685.
! 18th Of August following zoo bonds Of the same
| description sold for SIS, 2ss. SO, or for pre-
| MUM of S19, 233. SO. making the total premium
received from the sale OF 1880 bonds, $751;
! 162. 10.
THE STATE DEBT.
Within two years 6-per-cent. bonds amount
ing to s., 276,oOo have been purchased or re-
| deemed with money belonging to the State
sinking fund. During the same time the debt
| was increased S213,000 on account OF the issue
| of 5-per-cent. certificates of indebtedness for
| the benefit of the State, school and seminary
The actual reduction of the debt was 81, oes 900,
| so that on January 1, 1887, the total interest
bended DEBT Of be State 20 amounts to
The State school fund amounts to S., 1874 439. so,
and the seminary fund to 1913, $685. all of which
is safely invested in Missouri certificates of in
debtedness with the exception OF $780, 80 cash in
The general school fund of the State, as re-
65s. %, which, added to the State school fund,
makes an aggregate fund of s1O,17" os the
interest upon which is annually disbursed for
the maintenance of public schools.
The balance remaining to the credit of the
and the balance in the insurance department
fluid is IS, 1861 remaining to the credit of that
fund January. 1887.
ASSESSMENT OF REAL ESTATE.
The Supreme Court. in the case of Haney vs.
Cook, decided that the assessment book must
be copied in off years, and the last General As
sembly appropriated $4,000 for making such
copy The Auditor recommends that the law
now be changed so not to require copy,
or else to increase the cost to cents per tract
and have complete assessment made, which
would include all improvements for the year
and pay revenue over the loss of assessment
The Auditor also recommends that the law
be changed to permit the local assessor
to carry on the local Textbook the personal
property of railroads, instead of on a separate
book as now required, making two assessments
of the same property, causing confusion, ETC.
The Auditor also recommends that the law
be changed so as to allow all corporations to
pay their taxes directly into the State
treasury.
For the sake of uniformity the Auditor rec
ommends that the salaries of all official court
reporters be paid as civil officers, and those OF
marshals and janitors be paid out of the appro
priations made for contingent expenses OF
courts.
DRAM-sHoP LICENSE.
In 1882 the total number of licensed dram
revenue of 5000 395. So.
In 1886, under the Downing or High-License
2,SS1, paying a total license of ST. 42, 208.26,
decrease of 800 in number and an increase in
revenue of S14a, S12.70.
EDUCATION, CHARITIES AND CRIME.
The total amount expended in 1885 and 1886 for
educational purposes was s1.646, 4o3.75. During
the same period there was expended for
charitable institutions, lunatic as Elums, etc,
S532 149.6S. and account Of crime, S6i7 SO,
of which St00,000 was for support of penitentiary
and 900 for extension of buildings The
costs in criminal cases were $500 III IS, balance
on miscellaneous accounts, apprehension o.
criminals, ETC.
GENERAL SUMMARY OF TAXES LEVIED FOR 1886
Total amount of taxes on real estate aud
personal textbooks for 1886, s1a. 7so.150.56.
Total amount Of taxes on the rail
!. road telegraph and bridge tax
Total amount on the merchants and
manufacturers tax book. 1Oo,1I3 Do
Total 81. 49,, 96a So
The total high license tax being S., S42, 2OS. 26,
exceeds in amount $50 200 the total tax paid by
railroads, telegraphs bridge companies, mer-
chants and manufacturers.
Aggregate amount paid for educa-
tlonal purposes by State to date. S13 Sc, 020 50
Charities, same time. 4 5S5,75S n
Criminal costs. same time. 1871, $50 II
BONDED INDEBTEDNESS.
The total bonded indebtedness of counties
and townships is as follows:
Bonded Indebtedness of counties. $40 sos. 210 "a
Bonded Indebtedness of townships. 3,7S7, $50 90
Total. . 5000. 81, 1886, ZOE "a
Fifty counties are without a bonded debt.
TAXABLE WEALTH
The assessed valuation of real estate, per-
sonal property bridge and telegraph compa !
MES, for the taxes of 1885, amounted to $780,
2S3 377 SO, and for the taxes of 1886 to the sum
of S746 3S1 ,0S067
Total valuation of real property
for taxes of 1886. 1915, OBJ ,11S 90 !
Total valuation of personal prop
erty for same taxes 1Sl, 1S3, rs Uo
Railroad companies, same taxes. 42.S47, 1854 al |
Bridge companies, same taxes. 2,975O00 90 |
Telegraph companies, same taxes. 622, $40 26 |
The reports give the following estimate OF re- !
cepts fnr the year 1887 and 1888, and of the ex-
pendituicS of the State government Tor the /
Same period of time:
ESTIMATED RECEIPTS.
State revenue from all 500,00o
State interest from all sources. 100000 I
Total. -. ................S6,4O0 100000 /
EXPENDITURES.
The expenditures for all purposes are esti. |
mated at So 300, 900 for the two years, including
,prff r.f